About your Search

20121112
20121120
Search Results 0 to 1 of about 2
that divided government sometimes has done very important things for the country. think of ronald reagan and tip o'neill reforming social security. ronald reagan and tip o'neill doing the last comprehensive tax reform. bill clinton and republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people. and we have, of course, as everyone well knows, a lot of challenges here at the end of the year. i'll be meeting with the president and the other leadership on friday to talk about the way forward. and we look forward to being a part of the solution to these significant problems. it's my plesh shoe now to turn to our newly elected whip, senator john cornyn of texas. >> thanks, mitch. it's an honor to be elected by my colleagues to serve as the whip. the assistant leader on the republican side. as leader mcconnell said, we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solving the nation's urgent problems. we know what those are in the lame d
. bill bradley and i started with the first bill on this, and then ronald reagan picked it up and really carried at, and we got it done in a bipartisan way. when we did our original bill, we took out a mortgage deduction, we took out the charitable deduction, we took out everything, and we got right down to christie, it was 10%, 50%, 25% was the top rate, and we thought it was an elegant bill, but it could not pass muster political. we had all the real estate people and all the mortgage bankers and everybody came to town and said you get rid of the mortgage interest deduction is the end of the world, so we lost that. and all the university presidents and all the priests and all the other charities came and said you cannot get rid of that. the only thing we call on to was state and local income tax, and how we hang -- hung on to that i would never know. in the end, we were able to lower individual rates by taking more money from the corporate side, which i do not think you can do now. everybody is saying that corporate rate is too high in america, said to be competitive we have to get at
Search Results 0 to 1 of about 2